Back in September, 2010, ISM distributed their first "tranche" of shares of Nitinat to respective holders of ISM based on some date in July, 2007. I thought I had read they were going to do this every year for the next 4 years. I must have been mistaken, because (unless I missed it) I have not seen any further tranche distributions. Has anybody else noticed this? I wish whaler was still around. He'd know.